corporation: ... an enterprise having a legal charter to operate with rights, privileges, and liabilities that are separate from those of its owners, stakeholders, and others who may be associated with it — an incorporated business registered, as described, and organized so as to be distinctively different from a partnership (limited partnership) or proprietorship (sole proprietorship). Wikipedia has an article about corporations. Business Dictionary.com offers three definitions. A corporate infrastructure is the framework of an organization created to operate its own distinct and separate privileges and liabilities such as are set by law and regulatory bodies. The term, corporate level, refers to the place in the infrastructure where the top-level hierarchy of organization management is located. The people who run the organization from the top or executive level are referred to as corporate management. Corporate headquarters identifies where top executives have their offices. Top-level people controlling the organization as well their offices location may be referred to as corporate. |
incorporated business / incorporated enterprise: An example of a business that indirectly provides goods and services is a holding company or holding corporation which wholly or to some degree has a financial stake (stakeholder interest) in one or more enterprises that typically operate in a supply chain. In the example, the holding company essentially depends upon those business enterprises in which it has an interest to, first, profit from what they sell before it can do so. provides goods or services to buyers FYI: x definition of what is an what is a what is |
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05/12/2011 |